Aria Systems Raises $40M in Fourth Funding

Published On November 19, 2013 |

Aria Systems, a San Francisco, CA-based provider of recurring revenue management solutions, raised $40m in its fourth round of funding.

The round, which brought the total funds raised to date to $83m, was led by Bain Capital Ventures with participation from existing investors Hummer Winblad Venture Partners, InterWest Partners, Tugboat Ventures, and Venrock as well as VMware. In conjunction with the funding, Salil Deshpande, managing director, Bain Capital Ventures, joined the of Aria Systems.

The company intends to use the funds to further invest in advancing its cloud solution and expand globally.